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Source: Blockonomi News Agency
1 week ago
Cryptocurrency Medium Importance AI Analyzed
Ethereum (ETH) Maintains $2,400 Support Amid Fed Policy Shift and Heavy ETF Redemptions

Ethereum (ETH) Maintains $2,400 Support Amid Fed Policy Shift and Heavy ETF Redemptions

Ethereum maintained a price level of $2,445 during Thursday's trading session. The asset temporarily slipped beneath the critical $2,400 threshold earlier in the day.

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Source: Blockonomi
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Source: Coindesk News Agency
1 week ago
Cryptocurrency Medium Importance

Iran's Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says

The U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards and handled payments collected from ships buying passage through the world's most important oil chokepoint.

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Source: Coindesk
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Source: Blockonomi News Agency
1 week ago
Cryptocurrency Medium Importance
Bitcoin (BTC) Tumbles Below $76K Following Federal Reserve's First Rate Hike in Over a Year

Bitcoin (BTC) Tumbles Below $76K Following Federal Reserve's First Rate Hike in Over a Year

Bitcoin experienced a decline below the $76,000 mark this week as the US Federal Reserve implemented a 25 basis point interest rate increase. This adjustment elevated benchmark rates into the 3.75-4% range.

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Source: Blockonomi
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Source: Coindesk News Agency
1 week ago
Cryptocurrency Medium Importance AI Analyzed

Solana speeds up blocks by 17%, but transaction capacity stays the same

The network is cutting its target slot time to 250 milliseconds, giving apps fresher blockchain data and validators shorter control windows while reducing the amount of work allowed in each slot.

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Source: Coindesk
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Source: Invezz News Agency
1 week ago
Cryptocurrency Medium Importance AI Analyzed

Ethereum approaches $2,500 as bull flag points to a potential $3,300 rally

Ethereum climbed nearly 2% over the past 24 hours as the cryptocurrency market continues its recovery following the Federal Reserve's latest interest-rate decision. ETH rebounded from a low of $2,370 on Wednesday and moved toward $2,470, suggesting traders viewed the rate increase as largely priced in. Rather than triggering a “sell the news” decline, the decision produced a counterintuitive recovery across the crypto market. Markets are pricing in an almost 90% chance of at least one additional Fed rate increase by the December meeting, according to FedWatch data. Ethereum ETF flows turn negative Despite the price rebound, institutional demand through U.S. spot Ethereum exchange-traded funds has weakened. Investors withdrew a combined $405.

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Source: Invezz
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